The non-observed economy comprises production activities that are illegal, underground, informal, or otherwise missed by the statistical system. Unless efforts are made to deal with such activities, economic indicators are under estimated. This c...
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The lack of comparability of international migration statistics is well known. It was with this in mind that the revision of the UN recommendations on international migration statistics (UN 1998) was undertaken in the mid 1990s, little progress having been achieved in harmonisation over the previous twenty years. Still, despite the rather pragmatic approach adopted for the 1998 revision, progress in improving the comparability of the
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More and more analysts tend to compare the three largest economic regions: the euro area, the United States and Japan. One of the occupational hazards for analysts is that international comparisons of statistics are still fraught with some difficulties. Despite the existence of well-developed international standards for national accounts, namely the System of National Accounts 1993 (SNA 93), in practice international comparisons are
Statistics Working Paper N. 9 - 2003/6 - This paper presents the concepts underlying capital services measures, describes estimation methods and produces a first set of results. It also raises a number of outstanding conceptual issues in relation to capital services measures.
Statistics Working Paper N 8 - 2003/5 - This paper examines how measurement problems affect international comparisons of labour productivity. It suggests that these measurement problems do not significantly affect the assessment of aggregate productivity patterns in the OECD area. However, these problems do influence the more detailed assessment of productivity growth, notably the role of specific sectors and demand components in
Statistics Working Paper 2003/2 - The objective of this paper is two fold: 1) present comparable results for household financial and non financial assets and liabilities for Europe, the USA and Japan,2) analyse the change in the composition of household gross ...
This Statistics Working Paper N. 3 - 2003/1 confirms that current estimates of software investment differ significantly between countries for pure statistical reasons, thus affecting the comparability of GDP.
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Creation of the Euro area: Implications for economic statistics.
The System of National Accounts, 1993 (SNA) was a joint publication by the United Nations Statistical Division, the International Monetary Fund, the World Bank, Eurostat and the OECD. It provides a detailed framework for producing national accounts statistics and is intended for world-wide use.
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A country's ability to increase its output is dependent on a range of factors, one of which is the level of its capital stock. Estimating the level of capital stock and the extent to which it is used up over time (consumption of fixed capital, or depreciation) is a very difficult statistical process, subject to both data and conceptual problems. The Statistics Directorate publication describes the methods used in capital stock